Pages:
Author

Topic: and we are officially off to test the previous high at around $270 (Read 2137 times)

hero member
Activity: 1288
Merit: 524
Buzz App - Spin wheel, farm rewards
why would the DPR trial affect btc prices? just interested to hear your logic?

I would assume the winklevoss etf being denied or approved would drive prices more.

full member
Activity: 151
Merit: 100
its the approximate previous spike high give or take a few dollars

go look at bitcoin chart

i think it was around april 2013 if I am not mistaken, im sure someone here will give exact date and exact $ level.


April 10th 2013, $266. I remember that day pretty well. Gox froze and was down for hours. When they reopened, trading zigzagged between $50 and $150 violently for a while. That terminated the spring-2013 run-up.

of course GOX froze.  It is the biggest market manipulator out there.  It froze during many pre ample to crashes, to decide which route to take to make the most $.
The price declined because Gox was frozen, people got scarred and sold their coins, not the other way around.

I would speculate that we continue to see significant price declines up until the DPR/SR trial at which time we could potentially see a recovery
hero member
Activity: 1288
Merit: 524
Buzz App - Spin wheel, farm rewards
hmmm I hope I get those coins, looking like a rather fortuitous buy in, so far

next buy in will be at $180 ($10 0000) and after that $90 ($20 000), if those levels are ever seen





hero member
Activity: 1288
Merit: 524
Buzz App - Spin wheel, farm rewards
MTgox and butterfly labs should have gone into business together.

the 2 sets of biggest thieves on planet earth, in one unholy matrimony

testing the waters:

http://imgur.com/7Zdffks
legendary
Activity: 1274
Merit: 1000
The Golden Rule Rules
its the approximate previous spike high give or take a few dollars

go look at bitcoin chart

i think it was around april 2013 if I am not mistaken, im sure someone here will give exact date and exact $ level.


April 10th 2013, $266. I remember that day pretty well. Gox froze and was down for hours. When they reopened, trading zigzagged between $50 and $150 violently for a while. That terminated the spring-2013 run-up.

of course GOX froze.  It is the biggest market manipulator out there.  It froze during many pre ample to crashes, to decide which route to take to make the most $.
hero member
Activity: 1288
Merit: 524
Buzz App - Spin wheel, farm rewards
I don't think "odds are very high" but I wouldn't mind picking up some coin under $300

lol

didn't even take 24 hrs, my time frame was 1 month or so

hero member
Activity: 742
Merit: 500
A major bounce should happen around $180-$200.
Then it eithers pumps and stabilises or it's done for.



newbie
Activity: 55
Merit: 0
just a matter of time now, odds are very high. Don't see why any large specs would bother buying until they see what happens at 270.

that 270 doesn't hold and this could get ugly.

I had a 50k buy order in at 270 but now I'm just gonna wait and see what happens there.



At this point it's kind of fun.

To see where the bottom fishing will stop.

I'm guessing 299 is when people will just stop to care LOL.
newbie
Activity: 14
Merit: 0
wow this forum has become pessimistic

last time i was here was 6 months ago or more maybe and then it was bitcoin to the moon, buy now before the next super spike etc

now more than half the posts are bitcoin sucks


you mean many people are complaining about the price crash? that's because bitcoin is going to the final capitulation and more and more people can see the fact now
hero member
Activity: 1288
Merit: 524
Buzz App - Spin wheel, farm rewards
wow this forum has become pessimistic

last time i was here was 6 months ago or more maybe and then it was bitcoin to the moon, buy now before the next super spike etc

now more than half the posts are bitcoin sucks



full member
Activity: 231
Merit: 100
just a matter of time now, odds are very high. Don't see why any large specs would bother buying until they see what happens at 270.

that 270 doesn't hold and this could get ugly.

I had a 50k buy order in at 270 but now I'm just gonna wait and see what happens there.



Why do people keep insisting previous high is important? Imo April low and mid-2013 period between two bubbles are much more important resistant points than peak from previous bubble. Even tough I don't think any of them are relevant, bitcoin will continue it's course regardless of those numbers 266 or 100 or 400 is just like any other.

Last phase of bubble is usually hysterical, 50% correction before making a new high is not unconventional in the last phase of a bubble.
sr. member
Activity: 1246
Merit: 261
★ Investor | Trader | Promoter
just a matter of time now, odds are very high. Don't see why any large specs would bother buying until they see what happens at 270.

that 270 doesn't hold and this could get ugly.

I had a 50k buy order in at 270 but now I'm just gonna wait and see what happens there.



Why do people keep insisting previous high is important? Imo April low and mid-2013 period between two bubbles are much more important resistant points than peak from previous bubble. Even tough I don't think any of them are relevant, bitcoin will continue it's course regardless of those numbers 266 or 100 or 400 is just like any other.
full member
Activity: 153
Merit: 100
just a matter of time now, odds are very high. Don't see why any large specs would bother buying until they see what happens at 270.

that 270 doesn't hold and this could get ugly.

I had a 50k buy order in at 270 but now I'm just gonna wait and see what happens there.



I am more pessimistic than you.

If price go around 100-200 area, I might buy 10-20 coins like lottery ticket.
sr. member
Activity: 249
Merit: 250
I believe there are millions $$$ just waiting for the right time to enter
hero member
Activity: 1288
Merit: 524
Buzz App - Spin wheel, farm rewards
glad to see more and more people start to see the incoming downfall of bitcoin, $270 is never the end of this final capitulation, you will see $100 $1x and single digital for sure

today, permabulls and scammers can hardly fool more people to buy their bags in this ponzi pyramid schemes any more which is good,

people start to admit the fact and cut their losses, buy bitcoin if you want to get poor quick

possibly.

who knows.

but there are not many (any?) alternatives to fiat currency that are as easily portable as bitcoin. So i reckon its worth the (substantial) risk.
newbie
Activity: 14
Merit: 0
glad to see more and more people start to see the incoming downfall of bitcoin, $270 is never the end of this final capitulation, you will see $100 $1x and single digital for sure

today, permabulls and scammers can hardly fool more people to buy their bags in this ponzi pyramid schemes any more which is good,

people start to admit the fact and cut their losses, buy bitcoin if you want to get poor quick
legendary
Activity: 1176
Merit: 1000
I don't think "odds are very high" but I wouldn't mind picking up some coin under $300

eh?

we down 70% off the high, whats another less than 10% to take it to 270

odds are very very good

So are the odds of us reversing back up.

Selling and seeing if we follow the trend lower is a bit risky but may be ok. Shorting here hoping for larger falls is madness.

well anyone who trades bitcoin on margin is asking to eventually get their ass handed to them. I have never recommended shorting bitcoin.

but I am recommending standing aside to see where this goes.

its not just bitcoin getting hit, gold, silver, euro, gbp, soybeans, oil, in fact anything that isnt the US dollar.

Bit late in the bear market for me to duck out. I think i'll just stick it out and actually buy more. Most people who were thinking about selling probably already have. Barring a black swan the gains by selling and buying back in are probably not worth the hassle for me to decrypt my coins from coin storage.
hero member
Activity: 1288
Merit: 524
Buzz App - Spin wheel, farm rewards
I don't think "odds are very high" but I wouldn't mind picking up some coin under $300

eh?

we down 70% off the high, whats another less than 10% to take it to 270

odds are very very good

So are the odds of us reversing back up.

Selling and seeing if we follow the trend lower is a bit risky but may be ok. Shorting here hoping for larger falls is madness.

well anyone who trades bitcoin on margin is asking to eventually get their ass handed to them. I have never recommended shorting bitcoin.

but I am recommending standing aside to see where this goes.

its not just bitcoin getting hit, gold, silver, euro, gbp, soybeans, oil, in fact anything that isnt the US dollar.
legendary
Activity: 1176
Merit: 1000
I don't think "odds are very high" but I wouldn't mind picking up some coin under $300

eh?

we down 70% off the high, whats another less than 10% to take it to 270

odds are very very good

So are the odds of us reversing back up.

Selling and seeing if we follow the trend lower is a bit risky but may be ok. Shorting here hoping for larger falls is madness.
hero member
Activity: 1288
Merit: 524
Buzz App - Spin wheel, farm rewards
I don't think "odds are very high" but I wouldn't mind picking up some coin under $300

eh?

we down 70% off the high, whats another less than 10% to take it to 270

odds are very very good
Pages:
Jump to: